News

The government will push ahead "in full" with plans to cap welfare payments for families despite a defeat in the House of Lords.

Threadneedle Investments has launched a Luxembourg-based absolute alpha fund that will invest in Pan-European equities.

Fairbairn Private Bank has appointed Craig Blenkinsop and Steve Fox to its board of directors.

Lack of innovation investment in the UK insurance market has been highlighted by recognition of RGA's work in the US.

The Financial Services Authority (FSA) is to review its restrictions on the marketing of unregulated collective investment schemes (UCIS) to retail investors as a result of proposed European rules.

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

A blanket ban on traded life policy (TLP) investments would amount to "overkill" and could hamper the UK's ability to compete in global markets, according to SL Investment Management (SL).

Wealth management firm Quilter, owned by Wall Street bank Morgan Stanley, is in discussions about a possible sale to a private equity firm.

Aegon is the latest major insurer to unveil its corporate pension "hub" for employers.

Pacific Life Re has applauded insurers for tackling the growing problem of long delayed GP reports (GPRs) by using data protection legislation to request medical information.